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McKinsey & Company Reviews

Updated January 18, 2018
325 reviews

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325 Employee Reviews

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  1. "Management"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    accessible, international presence, good reputation

    Cons

    unstructured, no management vision or philosophy


  2. Helpful (2)

    "A place of service and desired excellence"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Executive Assistant in New York, NY
    Former Employee - Executive Assistant in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at McKinsey & Company full-time (More than a year)

    Pros

    High level employee investment around education and ability to explore your strengths, Gold-tiered benefits.

    Cons

    Work life balance lacking, exclusionary, somewhat arrogant atmosphere.

  3. Helpful (1)

    "Good Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at McKinsey & Company full-time (Less than a year)

    Pros

    Decent pay when compared to the market rate

    Cons

    long hours but can negotiate for lesser hours


  4. Helpful (2)

    "For the right type of person: huge!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate
    Former Employee - Associate
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at McKinsey & Company full-time

    Pros

    +High level of talent
    +High comp

    Cons

    +Perks are disappearing due to cost cutting measures
    +High burnout rate due to long hours and harsh lifestyle; don't believe the hype around 'work-life' balance... in this firm the client always comes first

    Advice to Management

    +Don't reduce the value prop of working here with senseless cost cutting measures


  5. "Good place to learn and grow if you can get in and stay in"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at McKinsey & Company full-time (More than 3 years)

    Pros

    The high caliber of everyone there, prestige, exit opportunities, flat organization enables you to start things as a junior colleague. Excellent place to learn and grow for a few years. Everyone very generous with their time when you have a question or want to problem solve.

    Cons

    Work/life balance abysmal, lack of growth when on a non-traditional path, lots of busy work with questionable impact, almost everything needs a partner sponsor (with $$), brutal ratings system and working with insecure over-achievers leads to intense competition that is exhausting.

    Advice to Management

    As the firm continues to grow, stop thinking the standard McK consulting problem solving approach and team structure (EM+2) is the answer to everything. Can't always fit a square peg into a circle and expect real impact. Also, get rid of the Powerpoint dependency. On the internal side of McK, the firm is extremely bloated. Trim the fat.


  6. Helpful (5)

    "McKinsey New York office (NYO)"

    StarStarStarStarStar
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at McKinsey & Company full-time (More than a year)

    Pros

    + Many opportunities across industries (mainly healthcare and banking) and functions (strategy & "finance", CCAR around Q4, some org, some marketing and sales)
    + Biggest office in the U.S. with lots of senior people (senior partners, partners) which can give you great exposure
    + Prestige - easy to move to other office/location if you start in NYO

    Cons

    - Extremely intense and competitive staffing process. Feels like an interview every time you are up for staffing. Absolutely prioritize people when you pick your studies (v. prioritizing location, function, client.
    - Hard to find supporters and sponsors who can really mentor you and guide you through your career. Think of it as "tribes," where you have to find "your people" - i.e., colleagues 1-3 layers above you who support you and then you have to purposely get re-staffed with the same group of people
    - Not forgiving at all. "You are as good as your last study" It takes 2-3 studies to recover a bad one, and you may never be able to recover if you get on a downward spiral. The inherent problem with consulting is that the evaluation process is very subjective. I can show a powerpoint deck to 5 partners and get completely different reactions. As such, relationships and "aligning" with your partners' agendas is extremely important.


  7. Helpful (1)

    "Engagement Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Engagement Manager in Boston, MA
    Current Employee - Engagement Manager in Boston, MA
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at McKinsey & Company full-time (More than 3 years)

    Pros

    Ample learning opportunities
    Exposure to interesting problems and people

    Cons

    Politics
    Success is highly dependent on luck
    Partners are not very intellectual (1-2 out of 50 I've worked with truly know what they are doing. Most are just salesman)

    Advice to Management

    Hold partners accountable for their work and decisions.
    Stick to your values.

  8. "Intern Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at McKinsey & Company as an intern

    Pros

    McKinsey is a very well known company that will provide you great benefits and resources to further your education and grow as a professional.

    Cons

    Working in an internal position is not considered as prestigious as working as a consultant and it is very obvious.

    Advice to Management

    Ensure that all employees are treated equally and provide opportunities for professional development and new experiences. Stay honest and aware!


  9. "review about MIO partners"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern
    Recommends

    I worked at McKinsey & Company as an intern

    Pros

    great people, management and salary

    Cons

    mediocre and not challenging work, old tech


  10. "Work life balance off"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at McKinsey & Company full-time

    Pros

    amazing benefits
    people know what they are talking about
    ability to work on projects you care about

    Cons

    no work life balance
    if you are not in consulting track, your pay is not the same
    brutal review process


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